(Google Florida condo special assessments)  And, you are correct, the HOA can impose numerous limitations that prevent it from being a good investment.

It is really good to hear.

Thanks for reaching out Alex, I heard Kansas markets have been doing good. 

@Drew Sygit has a good point. 

Got a land contract question...
We are planning on moving to a nicer home next year.
The house we are in now is about $200k. We are at a nice low rate on it with plenty of equity. Not in a rush to pull the money ou...

Drew and Travis have put down good recommendations above.

You pay 10% for the good times an extra for the headaches.However I know managers essentially become a necessity.

Good morning BP,I'm looking to get started wholesaling virtually. 

Because I am a full-time college student and I work part-time I ask that the interested parties submit a rental application before I show the house, but many of them refuse to give a rental application unless they can see the house first.The criteria for what I look for in a rental application are as follows:Credit report: I look to see if they have had at least 90% or higher on-time paymentsBackground check: I look to see if they have ever been evictedJob and rental references: I look for a steady income and make sure they can afford it with what they make I also call their current landlord to make sure they have been a good tenant and confirm the information the tenant gave me.I currently have it listed at $1650/month with a 12-month lease.

(we met some of those room-mates and they gave us the scoop as to what was going on).The building is great - brick, newly built, good condition - and based on our comps - each of the 3 bedroom 2 bath units should be renting at around $1800-$2200/month (current condition vs fixed up)The leases were were given (signed March 1 and we bought building on March 3) are $1000, $1100 for the 3 bedroom units of sis and bro and $1300 of the tiny basement unit rented by non family members.